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6989.HK$0.72-1.37%
Fair $0.72+0.0%

6989.HK

Excellence Commercial Property & Facilities Management Group Limited

Real Estate / Real Estate ServicesHKSE

$0.72

-0.01 (-1.37%)

Fairly Valued+0.0%Fair Value $0.72Fund rank 26/100 · Data gapFallback financials|
SA 44/C
F-Score: 4/9
Margin CompressionLow Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 34.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

44/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Operating margin has declined for 3 consecutive years ROE is 2.7%, below the 5% threshold
Thesis & Journal · 6989.HKLocal privado en este navegador · Excellence Commercial Property & Facilities Management Group Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$879M

P/E

8.0x

↓

EV/EBITDA

-0.9x

↓

ROE

2.7%

↓

Gross Margin

17.3%

↓

Debt/Equity

0.00

↓
52-Week Range$1
$1$2

TradingView lightweight chart

6989.HK price, volumen y niveles de valoración

Último $0.730Periodo -93.4%
Fair value: $0.720

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+4.4%

FCF CAGR

+11.2%

FCF margin

5.9%

FCF / Net income

2.32x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.02B · net income $102.9M · FCF $238.6M

2022-FY → 2025-FY

Gross margin

17.3%-6.6% pts

Operating margin

5.0%-13.8% pts

Net margin

2.6%-8.9% pts

FCF margin

5.9%+1.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.02B$4.02B$4.19B$3.93B$3.53B
Net Income$102.9M$102.9M$312.1M$302.7M$403.5M
EBITDA$244.4M$244.4M$477.0M$529.4M$681.6M
EPS0.080.080.260.250.33
Gross Margin17.3%17.3%18.0%19.0%23.9%
Operating Margin5.0%5.0%8.1%12.4%18.8%
Net Margin2.6%2.6%7.4%7.7%11.4%
Balance Sheet
Debt/Equity0.000.000.000.010.04
Current Ratio2.482.48———
Cash Flow
Free Cash Flow$238.6M$238.6M$-1.04B$-199.8M$173.7M
Returns
ROE2.7%2.7%8.4%8.5%11.6%
Valuation
P/E8.008.005.006.4512.57
EV/EBITDA-0.90-0.901.34-0.313.87
P/B0.230.230.420.551.45
Growth & Yield
Revenue Growth-4.1%-4.1%6.7%11.3%—
EPS Growth-67.2%-67.2%3.2%-25.1%—
Dividend Yield19.4%19.4%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-8.7%

fácil

EPS terminal req.

$0.06

Spread vs growth

-58.5%

5Y implied EPS CAGR

-1.6%

fácil

EPS terminal req.

$0.08

Spread vs growth

-65.5%

10Y implied EPS CAGR

4.0%

fácil

EPS terminal req.

$0.12

Spread vs growth

-71.2%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -28.8%

Total return

-28.8%

Start / end P/E

5.4x → 8.6x

EPS bridge

0.26 → 0.08

Residual

-38.9%

EPS growth-67.2%
Multiple rerating+57.9%
Dividend+19.4%
Residual / FX / buybacks / cross-term-38.9%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.